Which of the Following Is Not a Characteristic of "Simple

question 2

Multiple Choice

Which of the following is not a characteristic of "simple" debt?

• A)Investor's purpose is collecting cash flows.
• B)An amount of principal (adjusted for premium or discount) is transferred to the borrower at issuance that will be returned to the debt holder when the debt matures.
• C)The debt instrument is not a derivative.
• D)The debt cannot be prepaid or settled in a way that the investor does not recover substantially all of its original investment unless that is what the investor chooses.

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Definitions:

Customer Authorizes

The process whereby a customer gives permission or consent for a business to proceed with a specific action, often related to payments or data processing.

Aadhaar's Information

Pertains to personal and biometric data linked to Aadhaar, a 12-digit unique identity number issued to Indian residents based on their biometric and demographic data.

Social Mobility

The movement of individuals, families, or groups through a system of social hierarchy or stratification.

Tax Collection

is the process undertaken by governments or authorized entities to collect taxes from individuals and businesses as required by law.